Volvo's operating profit hit USD298m in 2013


(MENAFN) Volvo Car Group announced that its full-year operating profit hit USD298 million for 2013, Xinhua reported



In the first half, the Swedish carmaker recorded an operating loss of USD89.9 million



The turnaround was mainly attributed to the company's cost control and strong sales, a Volvo Car Group statement said



President and CEO of Volvo Car Group said: "This full-year profit represents a significant turnaround compared to the result for the first six months of 2013.


MENAFN

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